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2215 Fairburn St/ Olive St - Redevelopment Site 17 Acres of Commercial Land Offered at $3,033,756 CAD in Pensacola, FL 32514

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INVESTMENT HIGHLIGHTS

Less than 1 mile to I-10 & I-110
AADT 19,400 Olive Rd & 58,500 Davis Hwy

5 Mile Demographics Total Pop. 112,344, Avg. HHI $78,347

EXECUTIVE SUMMARY

Pensacola's MSA provides N/S and E/W connectivity with it's 2 Federal Interstates, 3 Federal Highways and 8 State Highways. Additional infrastructure includes Pensacola International Airport, Direct Rail with CSX Transportation, Genesee & Wyoming, and the Port of Pensacola. According to the Florida West Economic Development Alliance, "The Department of Defense (DoD) is the largest economic engine in Greater Pensacola, with more than $7.8 billion in total economic impact. Greater Pensacola Region is home to Naval Air Station (NAS) Pensacola, Saufley Field, Corry Station, Naval Hospital Pensacola and Whiting Field. The Greater Pensacola area is home to more than 35,000 military retirees—the second largest concentration in the nation."

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PROPERTY FACTS

Price	$3,033,756 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Mixed Use Multifamily Hospitality Apartment Units Hotel Single Family Development
No. Lots	1	Total Lot Size	17.00 AC
Property Type	Land
Zoning	COM/ MDR

Price	$3,033,756 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use Multifamily Hospitality Apartment Units Hotel Single Family Development
Total Lot Size	17.00 AC
Zoning	COM/ MDR

1 LOT AVAILABLE

Lot

Price	$3,033,756 CAD	Lot Size	17.00 AC
Price Per AC	$178,456.24 CAD

Price	$3,033,756 CAD
Price Per AC	$178,456.24 CAD
Lot Size	17.00 AC

Formerly 3 separate lots, recently merged into a single 17-acre parcel.

DESCRIPTION

+/- 17 Acre Commercial Development Site in the heart of the Ferry Pass between N. Davis Hwy and E. Olive Rd. Pensacola, FL. Split zoning with +/-12.11 acres zoned COM allowing 25 units per acre, and +/-4.89 acres zoned MDR allowing 10 units per acre. The site is within the service area of the Pensacola Bay Mitigation Bank. Site accessibility includes Olive Rd with 100 feet of frontage & curb cut and second entrance at Olive Rd and Binkley St with full median cut. Additional access to the site from the stop light at Davis Hwy/Klinger St and via turn lane at Davis Hwy/Berg St. Demographics within a 5-mile radius include a Total Population of 112,344 and Average Household Income of $78,347. Immediate surroundings include West Florida Hospital, Ferry Pass Plaza, University Town Plaza, University Town Center, I-10/I-110, Ellyson Industrial Park and The University of West Florida. Olive Rd AADT 19,400 and Davis Hwy AADT 58,500. I-10 and I-110 is less than one mile. Located next to the Davis Hwy Escambia County Area Transit Bus Route.

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(850) 733-6532

CONTACT

Melissa Simpson
Coldwell Banker Commercial Realty

Listing ID: 38135487
Date on Market: 2025-10-19
Last Updated:
Address: 2215 Fairburn St/ Olive St, Pensacola, FL 32514

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2215 Fairburn St/ Olive St, Pensacola, FL for sale Primary Photo- Image 1 of 3 — Zoning Image

2215 Fairburn St/ Olive St, Pensacola, FL for sale Building Photo- Image 2 of 3 — 17 acre outline

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